Stephanopoulos’s Renewal & Will’s Plan B

George Stephanopoulos
Several insiders speculated that Stephanopoulos’s new deal includes a pay cut, and noted that he is likely to eventually take on a more limited role. Photo: David Livingston/Getty Images
Dylan Byers
December 19, 2024

Last Friday, Disney C.E.O. Bob Iger approved a now much-debated decision to settle Donald Trump’s defamation suit against ABC News by way of a $15 million payment to Trump’s presidential library, plus an additional $1 million to cover his legal fees. The decision, which Iger greenlit on the advice of Disney general counsel Horacio Gutierrez, kicked up a predictable shitstorm over the weekend among First Amendment advocates, legal scholars, and Chuck Todd types, who rightly noted that Disney would have been in a strong position to win the case had it not caved, and thus expressed fear over the precedent this might set for the media in the Age of Trump II.